This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels.
Below are some instances of options activity happening in the Consumer Discretionary sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
TSLA | CALL | SWEEP | BULLISH | 01/27/23 | $150.00 | $60.4K | 38.3K | 47.3K |
ULTA | PUT | TRADE | BEARISH | 03/17/23 | $430.00 | $3.4 million | 118 | 8.0K |
AMZN | CALL | TRADE | BEARISH | 02/17/23 | $105.00 | $238.0K | 22.4K | 2.4K |
MAR | PUT | TRADE | BEARISH | 07/21/23 | $150.00 | $387.1K | 55 | 700 |
W | PUT | TRADE | BULLISH | 01/17/25 | $20.00 | $58.5K | 2.6K | 536 |
F | PUT | SWEEP | BEARISH | 03/17/23 | $15.00 | $47.7K | 71.8K | 402 |
TPR | PUT | TRADE | BEARISH | 05/19/23 | $37.50 | $34.0K | 1.3K | 255 |
BABA | PUT | SWEEP | BULLISH | 06/21/24 | $110.00 | $33.8K | 1.2K | 171 |
TGT | CALL | SWEEP | BEARISH | 03/17/23 | $160.00 | $43.2K | 2.1K | 40 |
MELI | CALL | SWEEP | BEARISH | 02/03/23 | $1100.00 | $128.6K | 46 | 39 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA TSLA, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on January 27, 2023. Parties traded 144 contract(s) at a $150.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $60.4K, with a price of $420.0 per contract. There were 38348 open contracts at this strike prior to today, and today 47365 contract(s) were bought and sold.
• For ULTA ULTA, we notice a put option trade that happens to be bearish, expiring in 52 day(s) on March 17, 2023. This event was a transfer of 8000 contract(s) at a $430.00 strike. The total cost received by the writing party (or parties) was $3.4 million, with a price of $430.0 per contract. There were 118 open contracts at this strike prior to today, and today 8001 contract(s) were bought and sold.
• For AMZN AMZN, we notice a call option trade that happens to be bearish, expiring in 24 day(s) on February 17, 2023. This event was a transfer of 1000 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $238.0K, with a price of $238.0 per contract. There were 22401 open contracts at this strike prior to today, and today 2459 contract(s) were bought and sold.
• Regarding MAR MAR, we observe a put option trade with bearish sentiment. It expires in 178 day(s) on July 21, 2023. Parties traded 700 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $387.1K, with a price of $553.0 per contract. There were 55 open contracts at this strike prior to today, and today 700 contract(s) were bought and sold.
• Regarding W W, we observe a put option trade with bullish sentiment. It expires in 724 day(s) on January 17, 2025. Parties traded 150 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $58.5K, with a price of $390.0 per contract. There were 2621 open contracts at this strike prior to today, and today 536 contract(s) were bought and sold.
• Regarding F F, we observe a put option sweep with bearish sentiment. It expires in 52 day(s) on March 17, 2023. Parties traded 200 contract(s) at a $15.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $47.7K, with a price of $238.0 per contract. There were 71845 open contracts at this strike prior to today, and today 402 contract(s) were bought and sold.
• For TPR TPR, we notice a put option trade that happens to be bearish, expiring in 115 day(s) on May 19, 2023. This event was a transfer of 250 contract(s) at a $37.50 strike. The total cost received by the writing party (or parties) was $34.0K, with a price of $136.0 per contract. There were 1346 open contracts at this strike prior to today, and today 255 contract(s) were bought and sold.
• Regarding BABA BABA, we observe a put option sweep with bullish sentiment. It expires in 514 day(s) on June 21, 2024. Parties traded 20 contract(s) at a $110.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $33.8K, with a price of $1690.0 per contract. There were 1261 open contracts at this strike prior to today, and today 171 contract(s) were bought and sold.
• For TGT TGT, we notice a call option sweep that happens to be bearish, expiring in 52 day(s) on March 17, 2023. This event was a transfer of 40 contract(s) at a $160.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $43.2K, with a price of $1080.0 per contract. There were 2191 open contracts at this strike prior to today, and today 40 contract(s) were bought and sold.
• For MELI MELI, we notice a call option sweep that happens to be bearish, expiring in 10 day(s) on February 3, 2023. This event was a transfer of 30 contract(s) at a $1100.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $128.6K, with a price of $4240.0 per contract. There were 46 open contracts at this strike prior to today, and today 39 contract(s) were bought and sold.
Options Alert Terminology
- Call Contracts: The right to buy shares as indicated in the contract.
- Put Contracts: The right to sell shares as indicated in the contract.
- Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it.
- Premium/Option Price: The price of the contract.
For more information, visit our Guide to Understanding Options Alerts or read more about unusual options activity.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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